Does It Matter Where You Come From ? Vertical Spillovers from Foreign Direct Investment and the Origin of Investors Beata
Does It Matter Where You Come From ? Vertical Spillovers from Foreign Direct Investment and the Origin of Investors Beata
复制标题
你来自哪里重要吗？
DOI：
--
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发表时间：
2010
期刊：
影响因子：
--
通讯作者：
Mariana Spatareanu
中科院分区：
文献类型：
--
作者：
Smarzynska Javorcik;Mariana Spatareanu
本研究使用罗马尼亚企业层面的面板数据，探讨外国投资者的来源地是否会影响FDI的纵向溢出程度。投资者的来源可能在两个方面对提供中间投入的国内生产商产生溢出效应。首先，跨国公司在当地采购的中间产品的份额可能会随着东道国和来源国经济之间的距离而增加。第二，采购模式可能受到优惠贸易协定的影响。在这种情况下，罗马尼亚与欧洲联盟（欧盟）之间的联系协定意味着，来自欧盟的投入品的关税低于来自美国或加拿大的投入品。这意味着平均而言，美国投资者可能比欧盟投资者有更大的动机从罗马尼亚采购，因此具有更大的纵向溢出潜力。实证分析产生的证据与这一假设相一致。结果表明，美国公司在下游行业的存在和罗马尼亚公司在供应行业的生产力之间的正相关，在欧洲子公司的情况下没有显着的关系。研究结果还表明，罗马尼亚公司的产品是昂贵的运输部门受益更多的下游存在的美国子公司比罗马尼亚公司在低运输成本的部门。欧洲附属公司没有发现这种模式。
This study uses firm-level panel data from Romania to examine whether the origin of foreign investors affects the degree of vertical spillovers from FDI. Investors’ origin may matter for spillovers to domestic producers supplying intermediate inputs in two ways. First, the share of intermediates sourced locally by multinationals is likely to increase with the distance between the host and the source economy. Second, the sourcing pattern is likely to be affected by preferential trade agreements. In this case, the Association Agreement between Romania and the European Union (EU) implies that inputs sourced from the EU are subject to a lower tariff than inputs sourced from the United States or Canada. This means that on average American investors may have a greater incentive than EU investors to source from Romania and hence present a greater potential for vertical spillovers. The empirical analysis produces evidence consistent with this hypothesis. The results show a positive association between the presence of American companies in downstream sectors and the productivity of Romanian firms in the supplying industries and no significant relationship in the case of European affiliates. The results also indicate that Romanian firms in sectors whose products are expensive to transport benefit more from downstream presence of American affiliates than Romanian firms in sectors with low shipping costs. No such pattern is found for European affiliates.
影响因子：
10.7
作者：
Aitken, BJ;Harrison, AE
通讯作者：
Harrison, AE
影响因子：
5
作者：
Howard Pack;Kamal Saggi
通讯作者：
Howard Pack;Kamal Saggi